As Lunar New Year approaches, the shopping and consumption needs of Ha Tinh people increase, creating an opportunity for local banks to develop outstanding loans in this field.
Vietcombank Ha Tinh Branch is promoting a consumer credit program in the form of asset mortgage for the following needs: buying land, building houses, repairing houses, buying cars... with preferential interest rates.
Customers come to make transactions at Vietcombank Ha Tinh Branch.
Ms. Nguyen Thi Hanh - Head of Retail Customer Department, Vietcombank Ha Tinh Branch said: "At the end of the year, people's shopping needs increase, so the branch is focusing on solutions to promote consumer loans. Accordingly, when borrowing money to buy land, houses, cars... customers will enjoy a fixed interest rate of only 6.9%/year for 18 months or a fixed interest rate of 7%/year for 24 months. The maximum loan term is up to 84 months and the loan value is high, depending on the collateral.
As a customer who has just received a loan from Vietcombank Ha Tinh Branch to buy a car, Mr. Nguyen Van Phuc (Thach Trung Commune, Ha Tinh City) shared: "To serve the needs of travel and work, my family has just decided to borrow 300 million VND to buy a car. At this time, the lending interest rate has decreased and the bank prioritizes fixed interest rates for a long period of time, so it is relatively convenient for borrowers."
BIDV Ha Tinh Branch is implementing preferential interest rate unsecured loans for many customers.
Currently, BIDV Ha Tinh Branch is also proactively taking all measures to increase consumer debt. In addition to mortgage loans based on asset value, the branch focuses on unsecured loan policies with preferential interest rates for many customer groups such as: officers, employees at units performing salary payment transactions at BIDV Ha Tinh Branch, administrative and career units. In addition, BIDV also signed cooperation agreements with trade unions in the police, health, and education sectors to support union members in borrowing for consumption in the form of unsecured loans with preferential and reasonable interest rates. With this program, the maximum unsecured loan through salary is up to 10 times the borrower's income.
Mr. Tran Trong Duc - Deputy Head of the Personal Customer Department, BIDV Ha Tinh Branch said: "BIDV's salary-based unsecured loan is an effective solution to help limit the situation of black credit, limit the situation of hot loans, installment payments with high interest rates in the market, especially near the Lunar New Year. According to the review, the total outstanding debt of the branch is currently over 6,000 billion VND, of which outstanding debt to individual customers accounts for over 50%. With flexible policies and preferential interest rates, tens of thousands of customers in the area have accessed credit capital to serve their needs: buying land, buying houses, building houses, buying cars and other consumer activities".
With the goal of developing consumer credit to serve life, in addition to regular programs, at this time, Agribank Ha Tinh II Branch also promotes the "coverage" of Loc Viet domestic credit cards in the market. Loc Viet card is one of the key solutions of Agribank to improve the effectiveness of the implementation of the Project to promote the development of card services in the agricultural and rural markets; promote non-cash payments and contribute to limiting and repelling black credit in agricultural and rural areas.
Accordingly, using Agribank's Loc Viet domestic credit card, customers can spend first and pay later without interest for up to 55 days. It is estimated that by December 31, 2023, the total outstanding debt of Agribank Ha Tinh II Branch will reach VND 13,790 billion. With the credit solutions being implemented, the branch's outstanding debt is expected to continue to grow well in the coming time.
Many people boldly borrow money from banks to buy cars.
The first days of 2024 are the time to enter the busiest production and consumption season in preparation for the Lunar New Year. This is also an opportunity for credit institutions (CIs) in the area to accelerate the development of credit balances, especially in the consumer credit sector, serving life.
In addition to the “big 4”, local joint stock commercial banks such as HDBank, ACB, LienVietpost Bank, MB Bank... are also striving to increase credit growth, focusing on credit for life and consumption. Accordingly, credit institutions are strengthening digital transformation, drastically implementing and promoting the application of science to speed up the speed and time of processing customers' loan applications; promoting the review and simplification of internal processes and procedures to maximize loans for customers.
On December 19, 2023, the State Bank of Vietnam (SBV) issued Document No. 9668/NHNN-CSTT to credit institutions and foreign bank branches on promoting lending for living and consumption purposes in implementing Official Dispatch No. 766/CD-TTg dated August 24, 2023 of the Prime Minister. Implementing the direction of the superiors, the State Bank of Vietnam, Ha Tinh Branch, is continuing to direct commercial banks in the area to increase credit growth safely and effectively; focusing credit on production sectors, priority sectors according to the Government's policies and key projects of the province. At the same time, proactively promoting consumer lending solutions, contributing to improving people's lives. |
Thao Hien
Source
Comment (0)